Question

12. A shopkeeper offers his customers 10% discount and still makes a profit of 25%. What is the actual cost to him of an article marked Rs 250.

Answer 1

Answer:

The Actual cost of the product is 168.75.

Answer 2

A shopkeeper offers his customers 10% discount and still makes a profit of 25%. What is the actual cost to him of an article marked Rs 250.

Solution:

=>Market price of article is $Rs.250$

=>Discount = $10$% of $250=Rs.25.$

=>Selling price $=250-25=Rs.225$

=>Profit is $25$%

=>Let C.P be $x$

=>Selling price =  Cost price + Profit

=>$225=x+x+25/100$

=>$100x+25x=225*100$

=>$125x = 22500$

=>$x=22500/125$

=>$x=Rs.180$

• The cost price is $Rs.180$